Södra Dalarnas Sparbank

    Address  776 28, Sweden, Hedemora
    P.O. Box  Box 204
Bank Identifiers 
    MFI ID  SE12205
Bank Category  Savings banks
Deposit Guarantee  Yes (up to 100 000 EUR per depositor)

Södra Dalarnas Sparbank is located at Sweden, Hedemora. It is one of 162 credit institutions operating in Sweden.

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.


MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

MFI ID  SE12205

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

Deposit Guarantee

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Sweden are obliged to participate in Swedish deposit guarantee scheme.

In the case of Södra Dalarnas Sparbank failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, companies and other legal entities
Covered Accounts  deposits in all types of accounts
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information: Deposit Guarantee Scheme in Sweden

ECB Minimum Reserves Requirements (MRR)

Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.

Subject to MRR by ECB  No
Exempt from MRR by ECB  No

Related Information on Sweden

Economy and Banking Sector of Sweden

List of Banks in Sweden

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